Did we get any snow?

Did we get any snow during the "Blizzard of '09"? I'll say ...
Julie and I went outside during the storm, just to walk around a bit. Foxy didn't seem to be having as much fun as we were having. Maybe that was because her feet couldn't touch the ground. She stuck pretty close as we walked around the house. I told Julie, "Remember this fall when I saw the fuzzy caterpillar?" She did remember that fuzzy caterpillar. My grandfather was a wealth of folk wisdom and he once told me that when the fuzzy caterpillars have 2 blacks and an orange that means we'll have a cold winter. (Of course, two oranges and a brown mean we'll have a mild winter.) Well, so far, the caterpillar called it right this year. He had two thick black bands and we've had a pretty cold winter.
For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.

12 Ways a Realtor from Condo Alexandria Can Help You

Will Nesbitt
Will Nesbitt at Watergate at Landmark
1. Your Nesbitt Realty Realtor® can help you determine your buying power -- that is, your financial reserves plus your borrowing capacity. If you give a Nesbitt Realty Realtor® some basic information about your available savings, income and current debt, he or she can refer you to lenders best qualified to help you. Most lenders -- banks and mortgage companies -- offer limited choices. 2. Your Nesbitt Realty Realtor® has many resources to assist you in your home search. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your agent to find all available properties. 3. Your Nesbitt Realty Realtor® can assist you in the selection process by providing objective information about each property. Agents who are Nesbitt Realty Realtors® have access to a variety of informational resources. Nesbitt Realty Realtor® can provide local community information on utilities,
Julie Nesbitt
your Realtor Julie Nesbitt
zoning. schools, etc. There are two things you'll want to know. First, will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell? 4. Your Nesbitt Realty Realtor® can help you negotiate. There are myriad negotiating factors, including but not limited to price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or equipment. The purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required. 5. Your Nesbitt Realty Realtor® provides due diligence during the evaluation of the property. Depending on the area and property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. Your Nesbitt Realty Realtor® can assist you in finding qualified responsible professionals to do most of these investigations and provide you with written reports. You will also want to see a preliminary report on the title of the property. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements
Stuart Nesbitt
Stuart Nesbitt
(access rights) for utilities. Your Nesbitt Realty Realtor®, title company or attorney can help you resolve issues that might cause problems at a later date. 6. Your Nesbitt Realty Realtor® can help you in understanding different financing options and in identifying qualified lenders. 7. Your Nesbitt Realty Realtor® can guide you through the closing process and make sure everything flows together smoothly. 8. When selling your home, your Nesbitt Realty Realtor® can give you up-to-date information on what is happening in the marketplace and the price, financing, terms and condition of competing properties. These are key factors in getting your property sold at the best price, quickly and with minimum hassle.
Realtor Ron Ginyard
Ron Ginyard has the experience you need to successfully realize your real estate goals.
9. Your Nesbitt Realty Realtor® markets your property to other real estate agents and the public. Often, your Nesbitt Realty Realtor® can recommend repairs or cosmetic work that will significantly enhance the salability of your property. Your Nesbitt Realty Realtor® markets your property to other real estate agents and the public. In many markets across the country, over 50% of real estate sales are cooperative sales; that is, a real estate agent other than yours brings in the buyer. Your Nesbitt Realty Realtor® acts as the marketing coordinator, disbursing information about your property to other real estate agents through a Multiple Listing Service or other cooperative marketing networks, open houses for agents, etc. The Realtor® Code of Ethics requires Nesbitt Realty Realtor® to utilize these cooperative relationships when they benefit their clients. 10. Your Nesbitt Realty Realtor® will know when, where and how to advertise your property. There is a misconception that advertising sells real estate. The NATIONAL ASSOCIATION OF REALTORS® studies show that 82% of real estate sales are the result of agent contacts through previous clients, referrals, friends, family and personal contacts. When a property is marketed with the help of your Nesbitt Realty Realtor®, you do not have to allow strangers into your home. Your Nesbitt Realty Realtor® will generally prescreen and accompany qualified prospects through your property. 11. Your Nesbitt Realty Realtor® can help you objectively evaluate every buyer's proposal without compromising your marketing position.
Dillon Lee
Dillon Lee
This initial agreement is only the beginning of a process of appraisals, inspections and financing -- a lot of possible pitfalls. Your Nesbitt Realty Realtor® can help you write a legally binding, win-win agreement that will be more likely to make it through the process. 12. Your Nesbitt Realty Realtor® can help close the sale of your home. Between the initial sales agreement and closing (or settlement), questions may arise. For example, unexpected repairs are required to obtain financing or a cloud in the title is discovered. The required paperwork alone is overwhelming for most sellers. Your Nesbitt Realty Realtor® is the best person to objectively help you resolve these issues and move the transaction to closing (or settlement). For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.

The importance of marketing …

Marketing is how you communicate to customers and potential customers what you're all about. How important is marketing? Terminator If you've seen the Terminator then it should be apparent just how important marketing is. A good marketer never lies. A marketer selects the facts that are relevant and uses them to put his product in the best light. https://www.youtube.com/watch?v=Gf7h6o3I8yw shining One of the reasons a good realtor is an important asset when you're seeking a new home is because a knowledgeable realtor might have an understanding or information that might not be readily apparent to you. As in the Mary Poppins example, home buyers sometimes don't have a full picture of an area or a neighborhood and they are scared by aspects of a neighborhood that they should embrace rather than fear. The truth is a skilled marketer can arrange facts to give a powerful impression that isn't really reflective of reality. But a good marketer only uses his powers for good and not for evil. Mary Poppins That is to say that a marketer should always consider the public's best interests when marketing a property. The trouble is not all marketers are good and many marketers are unskilled. That's why a realtor is so important when you're searching for a new home. As a trusted expert, the realtor knows where reality lies and can help you sort out marketing enticements from marketing facts. To market your home, condo or property in or near Alexandria VA , please contact me, Will Nesbitt . If you're buying a home, you need an expert who can show you what Northern Virginia is all about and who knows the neighborhoods of Northern Virginia . For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.

How does a real estate agent become a REALTOR?

RealtorA real estate agent is a professional licensed to buy, sell and manage real estate for a fee on the behalf of others. Not all real estate agents are REALTORS.  A broker is a real estate agent who has reached a higher educational standard and who accepts certain additional responsibilities commensurate with this level of licensing. The term "Realtor" is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of Realtors. A real estate agent or broker who joins the National Association of Realtors is a Realtor.  The National Association of Realtors (NAR) claims to be world's largest professional association. The single biggest distinction between a real estate agent and a Realtor is that all Realtors agree to abide by a strict Code of Ethics. From their voluntary adherence to a Code of Ethics to their incomparable knowledge of real estate processes, Realtors are the experts of residential and commercial property transactions.
Stuart and Will
A broker has a higher experience level and higher educational requirement than an agent, but both are Realtors.
Founded in 1908, National Association of Realtors has grown from its original nucleus of 120 members to more than 1 million today. National Association of Realtors is composed of Realtors who are involved in residential and commercial real estate as brokers, salespeople, property managers, appraisers, counselors, and others who are engaged in all aspects of the real estate industry. Realtors belong to one or more of 1,700 local associations/boards and 54 state and territory associations of Realtors and can join one of our many institutes, societies, and councils. Brokers and agents of Condo Alexandria are members of the Northern Virginia Association of Realtors. Additionally, National Association of Realtors offers members the opportunity to be active in our appraisal and international real estate specialty sections. Realtors are pledged to a strict Code of Ethics and Standards of Practice. Working for America's property owners, the National Association of Realtors provides a facility for professional development, research, and exchange of information among its members. Condo Alexandria agents and brokers take advantage of educational opportunities with the National Association of Realtors and the Northern Virginia Association of Realtors to continue expanding our knowledge of all aspects of real estate related expertise. For more information or to set up an appointment call Stuart at (703)765-0300.

5 Important Tips for Condo Buyers

Condos at 1200 Nash St N #535 Arlington VA 22209
Prospect House is in Arlington 22209
If you are looking or even just thinking about buying a condominium home in or around Northern Virginia, it's perfectly natural to feel a little nervous. Buying a condo and owning your own home is a large, life changing purchase. Indeed, any individual thinking about buying a condo needs to know what to expect and how to prepare for those expectations. Below is a short list of 5 essential tips that any condo buyer would do well to consider throughout the process of finding a new condominium home. Happy hunting! 1) Look at Everything in Person First, remember to look in person at any condo unit you are interested in. It is very important that you make sure to actually see the amenities, parking space, and condo facilities personally. This simple but critical task will avoid any confusion and disappointment later on and will ensure that you are satisfied with your condo purchase. If you absolutely cannot look at the condo in person than ask the seller if you can send a friend you trust to look at the unit instead. In addition, if you are located in a different city than where you are condo shopping, be sure to ask the condo seller or Realtor to send you as many pictures as possible of the condo and the condo building before you make a decision. 2) Carefully review the Condo Association Fees First
Condos at 501 Slaters Ln Ne #220 Alexandria VA 22314
Marina Towers is in Alexandria 22314
Make sure that you know what exactly is included in your condo purchase. What amenities are included in the condo fees to make the condo right for the price? Or, on the other hand, are you going to end up paying for benefits you don't need? In addition, ask if there is any insurance included. Different condo associations may charge the same amount per month, but one may include some incidental insurance while others may require hefty fees for amenities you may not really need or want. Finally, check the condo association meetings and/or any printed bulletins that result from them. Look for any past or developing issues that you need to take into account. 3) Never Ignore the Documents that Accompany the Condo Purchase Always review the condominium documents very carefully before you buy. In layman's terms, don't ignore the fine print. Here, you should check the total price and property documents to make sure that they are reasonable for the area. Be especially cautious if the price is very low because this could mean you will need a special assessment of the unit, which could cost you a lot of money, later in the future. 4) Always Review Comparable Units for Sale in the Same Building
Condo in Eton Square
Eton Square in Alexandria
While every condo building is unique and features different amenities, styles, policies, and location, it is important that you look into other condo units that are for sale or have sold in the same building. Here, do not simply rely on the recent sale price of another unit in the building. Consider what another units' floor plan was, what views it had, or if it had any special upgrades. Depending on the view and floor of the unit, the price of a one bedroom can vary within a condo building. 5) Work with a Specialist The condominium marketplace is often a very specialized type of real estate and as such, you should always consider working with a qualified realtor, and particularly one who specializes in condos. With the help of a realtor, you will have access to a greater condominium market which will enable you to find the best condo unit to fit your needs at a price that you can live with. For more information or to set up an appointment call Julie at (703)765-0300.
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    Julie Nesbitt
    Julie Nesbitt knows the back trails and by-ways of Northern Virginia real estate.

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Simple tips for selling your home.

It's hard to tell exactly what will sell your home. But it's fairly easy to spot things that will prevent your house or condo in Northern Virginia from selling. Whenever possible, follow these tips for the maximum impact.
Falls Church realtors
Byron condominium is located in Falls Church VA
1. Remove clutter and clear off counters. Throw out stacks of newspapers and magazines and stow away most of your small decorative items. Put excess furniture in storage, and remove out-of-season clothing items that are cramping closet space. Don't forget to clean out the garage, too. 2. Wash your windows and screens. This will help get more light into the interior of the home. 3. Keep everything extra clean. A clean house will make a strong first impression and send a message to buyers that the home has been well-cared for. Wash fingerprints from light switch plates, mop and wax floors, and clean the stove and refrigerator. Polish your doorknobs and address numbers. It's worth hiring a cleaning service if you can afford it. 4. Get rid of smells. Clean carpeting and drapes to eliminate cooking odors, smoke, and pet smells. Open the windows to air out the house. Potpourri or scented candles will help.
Living room at the Jamieson
Quality designs to fit the Carlyle District expectations
5. Brighten your rooms. Put higher wattage bulbs in light fixtures to brighten up rooms and basements. Replace any burned-out bulbs in closets. Clean the walls, or better yet, brush on a fresh coat of neutral color paint. 6. Don't disregard minor repairs. Small problems such as sticky doors, torn screens, cracked caulking, or a dripping faucet may seem trivial, but they'll give buyers the impression that the house isn't well-maintained. 7. Tidy your yard. Cut the grass, rake the leaves, add new mulch, trim the bushes, edge the walkways, and clean the gutters. For added curb appeal, place a pot of bright flowers near the entryway. 8. Patch holes. Repair any holes in your driveway and reapply sealant, if applicable. 9. Add a touch of color in the living room. A colored afghan or throw on the couch will jazz up a dull room. Buy new accent pillows for the sofa. 10. Buy a flowering plant and put it near a window you pass by frequently. 11. Make centerpieces for your tables. Use brightly colored fruit or flowers. 12. Set the scene. Set the table with fancy dishes and candles, and create other vignettes throughout the home to help buyers picture living there. For example, in the basement you might display a chess game in progress. 13. Replace heavy curtains with sheer ones that let in more light. Show off the view if you have one. 14. Accentuate the fireplace. Lay fresh logs in the fireplace or put a basket of flowers there if it's not in use.
living room
This large living room offers a fireplace as a focal point. The contiguous sun room provides lots of light.
15. Make the bathrooms feel luxurious. Put away those old towels and toothbrushes. When buyers enter your bathroom, they should feel pampered. Add a new shower curtain, new towels, and fancy guest soaps. Make sure your personal toiletry items are out of sight. 16. Send your pets to a neighbor or take them outside. If that's not possible, crate them or confine them to one room (ideally in the basement), and let the real estate practitioner know where they'll be to eliminate surprises. 17. Lock up valuables, jewelry, and money. While a real estate salesperson will be on site during the showing or open house, it's impossible to watch everyone all the time. 18. Leave the home. It's usually best if the sellers are not at home. It's awkward for prospective buyers to look in your closets and express their opinions of your home with you there. For more information or to set up an appointment call Julie at (703)765-0300.

What do property managers and leasing agents do?

I recently received this email:
Will,   What all kinds of assistance do you provide? Do you check the background and credit of the perspective renter? If work needs to be done what happens? I know that the carpets will need to be cleaned before the renters would move into the place. Does one have to use your people to do any work necessary? What happens if I were to need a new renter, would your service handle that too? I have never used a service such as yours before, so I have a lot of questions. Thanks for your help. Sincerely, (name withheld)
Like most property managers, our services to the landlord are broken into two different jobs. The first task that landlords ask us to perform is often the task of finding a renter--to describe, explain and memorialize how we find your renter, write and sign a listing agreement. The listing agreement is not unlike the listing agreement a homeowner signs when he or she sells a house. The listing agreement is what lets us put a lockbox on the door. We need a listing agreement to put the property in the MLS (multiple listing service). The listing agreement describes the terms and conditions under which we get paid. We  get paid only if and when we find a renter. Most agencies charge between one-half to a full month's rent to get this service done. If our client is using our property management services, we let the client set the fee, but we take the time to explain how agents get paid.
MLS
The MLS is a database of homes listed for sale.
Like all listing agreements, the listing agreement will set a term or time period and then expires. In the past few years I can't remember having an expired listing agreement as we push hard to rent quickly. Once we find a prospective tenant, we take an application and proof of income. We then pull a background check to make determine a recommendation regarding the applicant. If the tenant can afford the property and has a good payment history we give a positive recommendation. If the tenant has a questionable credit history or if the tenant can't afford the property, we advise the landlord that we have an application but do not recommend proceeding with a lease. In some cases, we can provide solutions to guard the landlord against potentially problematic tenants, but still find a way to move forward with the applicant. After we are settled on a tenant, we prepare a lease and have it signed by the landlord and tenant. This is the end of our duties as a listing agent. But that's when our duties as a property manager begin. As a property manager, we collect the rents and make payments to the landlord as described in the property management agreement. From time to time, we respond to service calls from the tenant, dispatching appropriate handymen, electricians, plumbers, etc. to solve the problem. When this happens, we deduct the cost of these services from the rent collected and pay the landlord the remainder. From time to time we make inspections of the property and we occasionally recommend maintenance or upgrades.
Will Nesbitt examines some tools at Home Depot
Will Nesbitt examines some hardware at Home Depot
Unlike some property managers, we  collect fees only when the property is occupied. No rent equals no charge. If the property needs to be prepared prior to leasing, we can and will make some efforts to put the property in order. Some properties need a little clean-up to prepare for market. We don't charge for managing a clean-up. We simply pass the cost without mark-up back to the landlord. We will take some deposits from the landlord as required to take care of this clean-up. Some properties need something more than a clean-up. When a property needs a renovation, we may charge a fee to manage construction and clean-up to put the place in order. Eventually the renter moves out and we'll need a new renter. At that point, we'll sign a new listing agreement and start the process again. We manage houses, townhouses and condominiums. We bring a special expertise to condo management because we know how condos operate, but we don't limit our business to condos. It's hard to describe everything we do in a format like this, but that's what we do in a nutshell. There are additional services and limitations I'll describe when we go through the agreements, but this should be enough to get you started. For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.